Once your final payment clears on Possible’s end, your account will immediately be reset allowing you to reapply for a new loan.* 

If you're thinking about paying off your current loan early and are in need of immediate access to money, please keep our processing times in mind. 

Payment processing times: 

  • Payments made directly from your checking or savings account may take up to 5 business days to finish processing. For example, payments made on a Friday should clear by the following Friday.  
  • Payments made with a debit card typically finish processing within 24 hours of being pulled from your bank account.

*Florida residents: due to Florida state regulations, there is a 24-hour cool down period after your final payment finishes processing, before you can reapply for a new loan. 

Loan application review times:  

  • Possible reaches a decision on most loan applications within 24 hours. However, if more information is needed there may be a delay. 

Loan disbursement processing times: 

  • If your loan is approved and you select to receive your loan deposit by automatic bank deposit, it will take another 1-2 business days for your deposit to arrive.
  • If your loan is approved and you select to receive your loan deposit by debit card, it may take up to 4 hours for your deposit to arrive. 

There unfortunately isn't a way to speed up these processing times. We appreciate your patience! 



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